Fed Governor Bowman favors July interest rate cut if inflation stays low
Michelle Bowman, incoming vice chair for supervision at the US Federal Reserve, arrives for a Psaros Center for Financial Markets...
Donald Trump
Fed Governor Waller says central bank could cut rates as early as July
Federal Reserve Governor Christopher Waller said Friday that he doesn't expect tariffs to boost inflation significantly so policymakers should be...
The U.S. added a thousand new millionaires a day in 2024: Report
Mercer Island, a wealthy enclave just outside Seattle.Danita Delimont | Gallo Images Roots Rf Collection | Getty ImagesA version of...
Fed holds key rate steady, still sees two more cuts this year
WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth...
Fed sees its preferred inflation gauge topping 3% this year, higher than previous forecast
U.S. Federal Reserve Chair Jerome Powell speaks during a conference marking the 75th anniversary of the International Finance Division of...
Trump says 'stupid' Powell 'probably won't cut' rates when Fed meeting ends Wednesday
With the Federal Reserve just hours away from its latest decision on interest rates, President Donald Trump on Wednesday lambasted...
Retail sales fell 0.9% in May, worse than expected, as consumers pulled back
Shoppers try on shoes at a Footlocker store in New York City, U.S., May 16, 2025. Jeenah Moon | ReutersConsumer...
Stocks making the biggest moves premarket: U.S. Steel, Roku, Celsius, Sarepta Therapeutics and more
Check out the companies making headlines before the opening bell on Wall Street: U.S. Steel — U.S. Steel shares jumped 5%...
Power play: Two money managers bet big on uranium, predict long shelf life for gains
The uranium trade's shelf life may last years.According to Sprott Asset Management CEO John Ciampaglia, a "real shift" upward is...
Consumer sentiment reading rebounds to much higher level than expected as people get over tariff shock
A woman shops at a supermarket on April 30, 2025 in Arlington, Virginia.Sha Hanting | China News Service | Getty...
Shares of scandal-plagued Brazilian meat giant JBS open at $13.65 in U.S. public debut
The JBS Greeley meatpacking facility in Greeley, Colorado, US, on Friday, Feb. 28, 2025. Chet Strange | Bloomberg | Getty...
Prices for common baby items are rising due to Trump's tariffs, congressional analysis says
Baby car seat carriers for sale at a Walmart store in Secaucus, New Jersey, US, on Tuesday, March 5, 2024....
Here are the three reasons why tariffs have yet to drive inflation higher
Shoppers browse the frozen food cases at WinCo.Joe Jaszewski | Idaho Statesman | Tribune News Service | Getty ImagesDespite widespread...
Fed’s inspector general is reviewing Trump administration’s moves to dismantle CFPB
Director of the Office of Management and Budget (OMB) Russell Vought attends a cabinet meeting at the White House in...
Most retail executives expect Trump to walk back 'reciprocal' tariffs, survey finds
A container truck and shipping containers are shown at the Port of Los Angeles, in San Pedro California, U.S., May...
GM to invest $4 billion in U.S. plants amid tariffs for Mexican-produced vehicles
UAW Local 5960 member Kimberly Fuhr inspects a Chevrolet Bolt EV during vehicle production on May 6, 2021, at the...
Vance joins Trump in bashing Powell, says Fed committing 'monetary malpractice' by not cutting rates
U.S. Vice President JD Vance speaks, during a tour of Nucor Steel Berkeley in Huger, South Carolina, U.S., May 1,...
Stocks making the biggest moves premarket: Tesla, Dave & Buster's, GameStop, GitLab and more
Check out the companies making headlines in premarket trading: GameStop — Shares of the video game retailer slipped 4%. GameStop...
U.S. inflation rises 0.1% in May from prior month, less than expected
Consumer prices rose less than expected in May as President Donald Trump's tariffs had yet to show significant impact on...
Stocks making the biggest moves premarket: J.M. Smucker, Taiwan Semiconductor, Tesla and more
Check out the companies making headlines before the bell: Insmed — Shares surged more than 26%. The global biopharmaceutical company...
